In a sweeping commentary on casino stocks today, Bank of America analyst Bank of America analyst Shaun Kelley recommends focusing on quality and value opportunities in the space. In a note to clients, Kelley highlights at least seven gaming names, speaking bullishly on a quartet while downgrading a trio. Among the names the analysts like […]
Mobile sports wagering finally launched in New York on Saturday, and analysts are already identifying winners, with one singling out Caesars Entertainment (NASDAQ:CZR). After a long wait, mobile sports betting commenced in the fourth-largest state on Saturday, Jan. 8, and the debut was unlike anything previously seen in terms of state launches. GeoComply, a provider […]
E-sports remain one of the most popular ways to gamble at online casinos and sports betting sites. Alongside virtual sports, live betting, and live casino games, e-sports betting games are right up there with the best of them. However, there is a new kid on the block, and this casino game is starting to cause […]
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The US horse racing industry in 2021 enjoyed its best year in more than a decade, according to data released by Equibase on Wednesday. More than $12.2 billion was wagered on races across the country last year. Not only was that an 11.9 percent increase from 2020’s total handle, it also marked the first time […]
Few people want sports betting legalized in Kentucky more than state Rep. Adam Koenig. The Erlanger Republican has filed bills since 2019 calling for just that. Another bill is on the table for the 2022 General Assembly session, which started on Tuesday. But while there’s hope, there’s also some frustration, too. That was evident as […]
One of this week’s biggest stories in the gaming industry is that mobile sports wagering is going live in New York on Saturday, Jan. 8. But at least one analyst says that for operators, the news isn’t all it’s cracked up to be. In a contrarian take on the headlines, Roth Capital analyst Edward Engel […]
DraftKings (NASDAQ:DKNG) and FanDuel are two of the most obvious rivals in the daily fantasy sports (DFS) and sports wagering industries. Both are missing out on a coveted media asset. The New York Times Co. (NYSE:NYT), owner of the eponymous newspaper, is reportedly acquiring The Athletic for $550 million. The Athletic is a subscription-based sports […]
